Elevance Health Inc.

Elevance Health Inc.verified

ELV

Price:

$554.425

Market Cap:

$128.56B

Elevance Health Inc. operates as a health benefits company. It supports consumers, families, and communities across the entire care journey connecting to the care, support, and resources to lead healthier lives. It serves approximately 118 million people through a portfolio of medical, digital, pharmacy, behavioral, clinical, and care solutions. The company was formerly known as Anthem, Inc. and changed its name to Elevance Health Inc. in June 2022. Elevance Health Inc. was founded in 1944 and is headquartered in Indianapolis, Indiana.[Read more]

Industry

Medical - Healthcare Plans

IPO Date

2001-10-30

Stock Exchange

NYSE

Ticker

ELV

The Current Ratio as of September 2024 (TTM) for Elevance Health Inc. (ELV) is 1.49

According to Elevance Health Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.49. This represents a change of 4.29% compared to the average of 1.43 of the last 4 quarters.

Elevance Health Inc. (ELV) Historical Current Ratio (quarterly & annually)

How has ELV Current Ratio performed in the past?

The mean historical Current Ratio of Elevance Health Inc. over the last ten years is 1.93. The current 1.49 Current Ratio has changed 7.62% with respect to the historical average. Over the past ten years (40 quarters), ELV's Current Ratio was at its highest in in the March 2022 quarter at 2.11. The Current Ratio was at its lowest in in the June 2022 quarter at 0.26.

Quarterly (TTM)
Annual

Average

1.93

Median

2.08

Minimum

1.40

Maximum

2.15

Elevance Health Inc. (ELV) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Elevance Health Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 9.92%

Maximum Annual Current Ratio = 2.15

Minimum Annual Increase = -32.39%

Minimum Annual Current Ratio = 1.40

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.442.52%
20221.40-32.39%
20212.07-2.86%
20202.13-0.82%
20192.159.92%
20181.967.88%
20171.81-13.33%
20162.09-0.29%
20152.10-1.52%
20142.130.71%

Elevance Health Inc. (ELV) Average Current Ratio

How has ELV Current Ratio performed in the past?

The current Current Ratio of Elevance Health Inc. (ELV) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.64

5-year avg

1.84

10-year avg

1.93

Elevance Health Inc. (ELV) Current Ratio vs. Peers

How is ELV’s Current Ratio compared to its peers?

Elevance Health Inc.’s Current Ratio is greater than Cigna Corporation (0.83), greater than UnitedHealth Group Incorporated (0.88), greater than Centene Corporation (1.17), less than Molina Healthcare, Inc. (1.57), greater than Humana Inc. (0.28), greater than CVS Health Corporation (0.86), less than Alignment Healthcare, Inc. (1.61),

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